Did you see the amazing earnings for GSPN.
GSPN is a leading DSL chip maker and had 700% y/y top line growth.
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GlobeSpan reported net revenues of $75,901,000, an increase of 704.5% over net revenues of $9,434,000 for the second
quarter of 1999, and an increase of 144.4% from the net revenues of $31,060,000 for the first quarter of 2000. Fully taxed, pro forma net income was $7,886,000 or pro forma diluted earnings per common share of $0.11, compared to a pro forma net loss of $2,364,000 or a pro forma basic loss per share of $0.06 in the 1999 period.
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press release
biz.yahoo.com
I always have been a fan of DSL and feel that this is one area that cannot be overlooked for investing. I belive that this will be the dominating "last mile" technology since it utilizes the phone lines, infrastructure already in place.
The technology is young but advancing rapidly.
FT |
